Meta ordered to pay $567 million into abatement fund as remedy to child harms case in New Mexico

Share

A New Mexico judge ordered Meta to pay $567 million into an abatement fund as part of a public nuisance case related to harms caused to children by its platforms. This sum comes on top of $375 million in civil penalties the company already paid this year for violating the state’s unfair practices act. Of the $567 million, $420 million will go toward treatment for people harmed by the platform. Judge Bryan Biedscheid stated that Meta’s platforms are a significant contributing factor to the mental health crisis among New Mexico’s youth. The case is being viewed as social media’s « Big Tobacco » moment, with Attorney General Raúl Torrez indicating he intends to seek up to $62.85 billion in penalties.

Source: Read the original article

Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Lire la Suite

Articles